TOKYO | Nissan board fires Ghosn as chairman following arrest

22Nov - by Editor - 0 - In STL.News



TOKYO— Nissan fired Carlos Ghosn as chairman Thursday, ending his nearly two decade reign at the Japanese automaker due to alleged serious misconduct, including under-reporting of his income and misuse of company assets.

In an hours-long meeting, the company’s board of directors voted unanimously to dismiss Ghosn as chairman and as a representative director, Nissan Motor Co. said in a statement.

Earlier this week, alliance partner Renault voted to keep him as its chief executive but appointed Thierry Bollore, its chief operating officer, as its interim chief.

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